Financial institutions stories

Singapore Election a hotbed for cyberactivity: Are businesses ready?
Last week
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uc
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data protection
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ransomware
Singapore braces for increased cyber threats as General Election nears, with businesses urged to strengthen defences amid rising geopolitical tensions.

Rayls launches Enygma for private transactions on Ethereum
Last week
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blockchain
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defi
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cryptocurrency
Rayls launches Enygma, a compliance-ready privacy framework for Ethereum, enabling confidential transactions with optional auditor oversight and seamless integration.

UK credit card balances & missed payments on the rise
Last week
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fintech
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credit card fraud
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financial institutions
FICO's UK report warns of rising first-party fraud amid financial strain, as average credit card balances grow and missed payments increase year-on-year.

Backbase unveils AI platform to boost bank efficiency & growth
Last week
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fintech
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cx
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martech
Backbase launches AI-powered Banking Platform to boost banks' growth, automate tasks and improve efficiency amid legacy tech challenges globally.

World Password Day highlights security trends, future shifts
Last week
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smartphones
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mfa
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phishing
World Password Day highlights the importance of strong, unique passwords and emerging passwordless technologies for enhanced security against cyber threats.

Uno Digital Bank adopts new loan system to boost lending agility
Last week
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edutech
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fintech
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cx
Uno Digital Bank has adopted Pennant Technologies’ Loan Management System to streamline operations, boost flexibility, and enhance customer lending experiences.

Meta1st rolls out AI features for stronger email security
Last month
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email security
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cybersecurity
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financial institutions
Meta1st upgrades its Analyse1st and Learn1st to enhance cyber risk defence and help financial firms comply with DORA, boosting real-time email threat detection.

Study reveals rising cyber threats to financial industry
Last month
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malware
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ddos
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advanced persistent threat protection
A Radware study highlights alarming trends in cyber threats to the financial sector, revealing a surge in infostealer services and sophisticated OTP bots.

Ripple acquires Hidden Road for USD $1.25 billion deal
Last month
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blockchain
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cryptocurrency
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financial institutions
Ripple has announced the acquisition of Hidden Road for USD $1.25 billion, making it the first crypto firm to manage a global multi-asset prime broker.

Cyberattacks expose vulnerabilities in Aussie super funds
Last month
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data protection
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mfa
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cybersecurity
A series of cyberattacks on Australia's superannuation funds has exposed critical cybersecurity vulnerabilities, sparking urgent national security concerns.

LDA Technologies unveils NeoTap X for capital markets
Last month
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financial institutions
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fpga
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low latency
LDA Technologies has unveiled NeoTap X, an advanced solution for timestamping and tap aggregation in capital markets, featuring 100G capabilities and high-speed processing.

Revolut report highlights surge in Telegram, WhatsApp scams
Last month
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email security
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cybersecurity
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whatsapp
Revolut's latest report reveals Meta platforms are the primary source of scams affecting consumers, with reported cases rising significantly in Australia and globally.

Fivecast's platform revolutionises financial crime detection
Last month
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data analytics
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risk & compliance
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financial institutions
Fivecast has launched a groundbreaking AI-driven platform to bolster financial crime investigations, aiding institutions in meeting stringent AML compliance demands.

How banks can support mortgage customers to reduce their carbon emissions
Mon, 31st Mar 2025
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cx
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martech
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power / energy
In a bid to combat rising carbon emissions, banks are urged to utilise their data and influence to help mortgage customers implement sustainable home upgrades.

Vivek Ramachandran to discuss cyber threats in Singapore
Fri, 21st Mar 2025
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malware
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advanced persistent threat protection
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physical security
Vivek Ramachandran, founder of SquareX, will speak at Black Hat Asia on 2nd April 2025, addressing cyber threats to financial institutions at Marina Bay Sands.

XUSD stablecoin expands to Binance, boosting global reach
Thu, 20th Mar 2025
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fintech
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blockchain
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defi
StraitsX's XUSD stablecoin will debut on Binance, bolstering its presence in digital finance as it surges towards mainstream adoption and infrastructure innovations.

AI expected to revolutionise Singapore financial services
Wed, 19th Mar 2025
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cx
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martech
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personalisation
A new Salesforce report reveals 60% of Singaporean consumers expect greater AI integration in financial services, with millennials leading the optimism.

Australia introduces new cybersecurity compliance laws 2024
Fri, 14th Mar 2025
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data protection
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ransomware
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risk & compliance
Noggin has revealed critical regulatory updates for Australian companies, introducing new compliance requirements in cybersecurity and healthcare sectors.

BankID joins advisory boards to enhance UK digital IDs
Tue, 11th Mar 2025
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financial institutions
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digital identity
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financial services
TISA Commercial Enterprise has announced that Norwegian Digital ID firm BankID will join the advisory committees of Select ID to enhance digital identity accessibility in the UK.

MBSToken launches to transform the $11 trillion MBS market
Fri, 7th Mar 2025
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digital transformation
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blockchain
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transparency
Asset Token Ventures has launched MBSToken, a platform aimed at revolutionising the $11 trillion mortgage-backed securities market with blockchain technology.